Author: News Desk

New Delhi, Oct 13 (IANS) Tech companies, including startups, around the world have fired more than 400,000 employees in the last two years (till October 13), with more than 30,000 employees being sacked in India by over 110 Indian startups in the same time period.Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have fired employees, and layoffs continue to happen.According to the latest data from layoff.fyi, a website that tracks tech sector job cuts, 2,120 tech companies have laid off 404,962 employees to date globally.In 2022, 1,061 tech companies laid off 164,769 employees, while 1,059…

The IOC has conducted two studies through its Future Host Commission for Winter Games which has reported that there are only 10 National Olympic Committees (NOCs) that have the capability and facilities to conduct the Winter Olympic Games.This proposal in a sense clears the way for Salt Lake City to host the Winter Olympics in 2034, as the IOC usually does not like countries to host back-to-back games. With the United States hosting the 2028 Summer Olympic Games in Los Angeles, there were few chances of Salt Lake getting the opportunity to host the Winter Games in 2020. Sweden, Switzerland…

The Psyche spacecraft is expected to lift off atop a Falcon Heavy rocket on October 13 at 10.19 a.m. EDT (7.49 p.m. IST).It will travel on a journey of nearly six years and about 3.6 billion kilometres to the asteroid by the same name orbiting the Sun between Mars and Jupiter to study its composition.According to a recent study, published in the Planetary Science Journal, asteroid 16 Psyche — one of the most massive objects in the main asteroid belt orbiting and a main target of the mission — could be made entirely of metal. Its metal is worth an…

“Airlines are a high-profile target for fraudsters whether it be attempts to use stolen credit cards on our websites, to fraudulently claim frequent flyer miles, or other scams. Erstwhile Air India was somewhat of an easy target in the past but as we have completely modernised our systems this is no longer the case. With our continued investment in state-of-the-art capabilities, we will increasingly be able to turn the tables on criminals,” said Wilson, in his message. The CEO said that this week saw the arrival of yet another aircraft – the first of 21 A320neos (VT-RTF) from the 25…

While TCS saw its headcount drop by 6,333, Infosys saw headcount decline of 7,530 employees, according to a MoneyControl report.HCLTech saw a headcount decline of 2,299, the report mentioned.“With that talent coming on stream and with reduced attrition, we were able to recalibrate our gross additions, keeping it below the departures during the quarter, driving up productivity and enhancing project outcomes,” according to Milind Lakkad, Chief Human Resources Officer at TCS.Infosys’ Chief Financial Officer Nilanjan Roy told analysts after the quarterly results that the company hired ahead of demand and as the demand slows down, the hiring also dips.“At the…

From the surface,the Telugu film seems to be based on the real-life Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy, and the many events that shaped his life after the passing of his father, Y. S. Rajasekhar Reddy.While indeed there is a lot of realism to the compelling narrative much of which is based on true events, the trailer doesn’t exactly look like a biopic as opposed to just narrating one facet of a politician’s very complicated life.The movie also seems to aim guns at the former Andhra Pradesh CM Chandrababu Naidu, who allegedly hurled corruption charges against Y. S.…

ITC Mangaldeep has set up the flagship ‘Sixth Sense’ panels in Delhi, Kolkata, Mumbai, Hyderabad, and Chennai, to provide employment opportunities to visually challenged people by tapping into their keen olfactory abilities to improve it product offerings.Mangaldeep has made them a part of the fragrance evaluation process at the product testing stage, while supporting them with livelihood opportunities as well as empowering them with a sense of dignity and pride for being able to make an impact.It has recruited 150 plus ‘Sixth Sense’ panelists with assistance from self-help groups and NGOs and are given extensive training after they are onboarded.The…

Addressing the National Intellectual Property Conference 2023, the minister announced plans for a 100 per cent digitalisation of the Office of the Controller General of Patents, Designs, and Trade Marks in order to enhance efficiency.Goyal said that the importance of transparency in the IP system and reduced fees for applicants, particularly for women entrepreneurs, micro and small units, and academic institutions. He also expressed optimism about the involvement of more women in India’s innovation ecosystem.Goyal said that women are taking leadership roles in various sectors, including startups, and their contributions are expected to be a game-changer for the country. He…

Speaking to the media here at the party headquarters, Chowdhury, who is also the Leader of Congress in Lok Sabha said: “It’s a gospel truth that the social media is being used and misused by the ruling dispensation. Certainly those who are in-charge of those media they should be intimated and accordingly our views have been ventilated to them.”His remarks came a day after the Indian National Developmental Inclusive Alliance (INDIA) parties on Thursday wrote to Meta’s Mark Zuckerberg and Google CEO Sundar Pichai saying they are culpable of abetting social disharmony and inciting communal hatred in India.It also alleged…

Most of the convicts were officials of the Uttar Pradesh Police, Provincial Armed Constabulary (PAC) or the Central Reserve Police Force (CRPF).One of the accused died during the trial that lasted over a decade. Rampur Additional District Government Counsel (Criminal), Pratap Singh Maurya, said: “Today in the cartridge case, a court in Rampur sentenced 24 convicts to 10 years of jail term and Rs 10,000 fine each. All the convicts were taken into custody on Thursday after the court found them guilty.”Elaborating about the case, Maurya said: “The incident happened in 2010 when the Special Task Force (STF) Superintendent in…